Buyouts
Japan PE acquires plastics manufacturer, elderly care business
Mid-market GP Japan Private Equity has acquired plastics manufacturer Sekisui Chemicals and care home services business Healthy Service via its third buyout fund.
Carlyle buys into India's Newgen for a second time
The Carlyle Group has acquired a 54.85% stake in India-based publishing and technical services provider Newgen KnowledgeWorks for $32.8 million via a secondary transaction. This is the second time it has invested in the company.
Italy's Bonomi raises offer for Fosun target Club Med
Andrea Bonomi has raised the stakes in the battle for Club Méditerranée (Club Med), increasing his offer for the vacation resort operator just days after a consortium led by China’s Fosun International submitted an improved bid.
PEP, Bain offer $731m for Australia's Bradken
Pacific Equity Partners (PEP) and Bain Capital have made an offer for mining industry supplier Bradken that values the Australia-listed company at approximately A$872 million ($731 million).
L Capital buys Australian swimwear brand Seafolly
L Capital Asia, a private equity firm sponsored by French luxury goods conglomerate LVMH, has acquired a controlling stake in Australian swimwear brand Seafolly.
CITIC to build China construction education business
The evolution of China's education market can be divided into three periods that have, so far, delivered distinct kinds of companies. Phase one was the IPO boom of 2006-2008 when service providers focused on overseas studying and professional qualifications...
India secondaries: Much heat, little light
India has yet to fulfil its potential as a direct secondaries market as buyers and sellers fail to agree on valuations. A revival in investor sentiment hasn’t helped matters, but patience may eventually pay off
Portfolio: Advent International and CARE Hospitals
A majority stake in CARE Hospitals has allowed Advent International into India’s fast-growing healthcare sector. Rather than blindly pursuing expansion, the PE firm is building a business tailored to local demand
India to remain a growth capital market, despite rise in buyouts - AVCJ Forum
Buyout deals are becoming more common in India but the country will continue to be a market for minority transactions, industry participants told the AVCJ India Forum.
China's Fosun sweetens Club Med bid
A consortium led by China Fosun International has improved its offer for France-based Club Méditerranée (Club Med), valuing the vacation resort operator at EUR879 million ($1.12 billion).
China's AVIC Capital scraps plan to acquire Avolon
AVIC Capital, a subsidiary of aircraft manufacturer Aviation Industry Corporation of China, has been rebuffed in its attempt to acquire Avolon, an aircraft leasing company owned by several PE firms.
Samyang named as SCPE partner in Korean packaging deal
South Korean conglomerate Samyang Corporation has emerged as Standard Chartered Private Equity’s (SCPE) in the acquisition of a packaging business from another conglomerate, Hyosung Corporation.
Korean government's Woori Bank sale flounders again
The South Korean government will make another attempt to sell its controlling stake in Woori Bank early next year following the collapse of the latest in a string of sale processes last week.
JD Capital buys traditional Chinese medicine business
JD Capital has bought a 60% stake in Baoding Zhong Yao, a traditional Chinese medicine (TCM) manufacturer.
Tsinghua University PE unit acquires Hong Kong private jet business
Tsinghua Holdings Capital, a private equity fund ultimately controlled by an investment arm of Beijing's Tsinghua University, has acquired Hong Kong-based private jet company Sino Jet Management.
CITIC Capital buys control of Chinese education player
CITIC Capital Partners has acquired a majority stake in Study & Share Education Company, a Chinese test preparation and training business dedicated to the construction sector.
Visteon confirms PE talks over Korea divestment
US auto parts maker Visteon Corp. has confirmed it is in negotiations with private equity firm Hahn & Co. over the potential sale of its South Korea-based subsidiary Halla Visteon Climate Control Corp. (HVCC).
India control deals: Are you buying it?
The India private equity buyout thesis is gathering momentum, with economic and generational factors swinging in the industry’s favor. GPs must convince LPs that they have the skills to execute this strategy
Fosun, Nanjing Sinolife to acquire New Zealand nutrients maker
Fosun Capital and Nanjing Sinolife United have formed a joint venture to acquire Good Health Products, a New Zealand-based nutritional supplements maker and distributor, for NZ$23.37 million ($18 million).
Actis exits Indian retailer Nilgiri's to Future Group
Actis has exited it stake in India's Nigilri Dairy Farm , the business behind convenience store chain Nilgiri's, to Future Consumer Enterprise (FCEL), a retail unit of Kishore Biyani’s Future Group.
Everstone, Solmark acquire India's Servion Global Solutions
Everstone Capital and US tech-focused investor Solmark have agreed to acquire a majority stake in Servion Global Solutions, an India-based customer interaction management (CIM) solutions provider, for INR4 billion ($65 million).
Taiwan regulators promise greater transparency – AVCJ Forum
Local regulators stressed their commitment to encouraging private equity investment as industry participants at the AVCJ Taiwan Forum urged the government to appreciate the role the asset class can play in shoring up the island’s slowing economy.
Navis-led consortium buys Singapore tech manufacturer
A consortium led by Southeast Asia-focused GP Navis Capital Partners has acquired MFS Technology, a Singapore-based developer of rigid and flexible printed electronic circuits, for $95 million.
JIP sells Japanese phone retailer ITX for $433m
Japanese electronics retailer Nojima has agreed to acquire a 100% stake in mobile phone retailer ITX from Japan Industrial Partners (JIP) for JPY51.3 billion ($433 million).